Lehman Weekend Redux?

Tyler Durden's picture

Just hitting the wires from Sky News:

More from Sky News correspondent Ed Conway (via Twitter):

  • G20 now preparing itself for Greek default after October - Sky sources. Will be on Sky News imminently with more
  • G20 sources: all efforts behind the scenes (by G20 members) are now going into recapitalising banks, preparing economies for default.
  • G20 sources: default not expected until after Cannes G20 early November. Emergency funding should still keep Greece afloat thru October
  • G20 sources: No suggestion Greek default need imply country leaving the euro
  • G20 sources: @ Washington summit marked difference in attitude. Confident euro members edging closer to recapitalising banks, expanding EFSF

Looks like the inevitable is coming in about a month.

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duo's picture

The credit union I used for years in TX got taken over by the NCUA.  Too many bad loans.  They must have hired GS/JPM/BAC ex-employees.

eaglefalcon's picture

I think the tellers at the bank work their ass off and make peanuts.  there was this hot chick at my local bank.  just a few years of working there and now she's totally zombified

TruthInSunshine's picture

See, everyone?

It's all under control, there won't be massive bank failures, there won't be complete sovereign defaults, there isn't hundreds of billions stretching into the trillions of CDS/CDO/MBS counter-party LOSSES ALREADY ACCRUED at this moment, the EU is strong and there's little dissent between its nations (as well as great faith in the ECB), and even if (actually when) things implode in the EU, dragging China, Japan and an already weakening South Korea into the fray, we here in North America, and our free-market, well risk-managed banks and financial firms (sarc), and our well run and highly competent Federal Reserve Private (using public monies) Bank, bear no risk at all, systemically, from what could have been a catastrophe in the EU (politically, financially and economically).

All is well.





fonestar's picture

That is a fact.  North Americans can watch everyone elses problems on the boob-tube while eating potato chips just like we've always done since WWII.



TruthInSunshine's picture

JPM & Goldman Sachs et al. have the same types of trolls that Bank of America does.

I have little to no doubt there are at least a dozen full time trolls posting on ZH, including RoboTard & HarryWanger.

Denver768's picture

The guilty dog barks most....

Let them eat cake, then off with their heads.

BigJim's picture

Haven't seen Harry for a while.

nmewn's picture

Under that ID...its like Texas Gunslinger/FauxNews...same dude, different tactics...I can tell by...well...I can tell ;-)

We've all been around the block (the net) often enough and engaged these "boiler room" ops...the message (at its core) is always the same.

Trust in me...trust in meee...lol.


mick_richfield's picture

JPM & Goldman Sachs et al. have the same types of trolls that Bank of America does.

I feel like the JPMC trolls are better.  If we could get them to identify themselves, we could start some kind of running vote on who has the clever ones, and who has the dorks.  (MillionDollarBonus ?  I'm thinking of you, here, buddy.)

We could have separate categories.  Give them humor points, logic points, insult points.  We could give quarterly prizes for Best New Troll.  A free ZH baseball cap.  It would be cool.


e_goldstein's picture

Does Professional Troll= Proll?

prole's picture

Hey buddy you're skating on thin ice!!
I think you need a little private time with big brother

fishface's picture

We could do that in the forums

troll threat

make a list by a known anti troll and update on a monthly basis

TrulyBelieving's picture

So it is a Cloward-Pivins strategy. If not mistaken they are a radical communist-type group bent on destroying Liberty and Freedom. Now why would a good ol bank of America ever want to use Cl-Pi playbook?

Axenolith's picture

Cloward and Piven are a couple of Marxist professors at some University (in NY?) who posited that the best strategy for destroying western capitalism was to expand and overload their "social safety nets" until they failed financially...

New_Meat's picture

columbia, don't cha' know.  "A Strategy to End Poverty," The Nation, 5/2/1966.  Driving NYC to BK was an "unintended consequence" </sarc>  Almost made it.

Now, FFP has a new book coming out.  Can't wait.

- Ned

{wonderin' what we'll collapse into?}

knukles's picture

Fabian Society.
Socialize America the slow and sure way. ensuring the socialization procedure reinforces the transfer of wealth from the commoner to the banksters.

chindit13's picture

Neither are paid shills. I'll take the other side of that bet.  Of course they have opinions that differ from ZH Groupthink, but that is enough on ZH to qualify someone as a psyop or troll.

RobotTrader has been here a lot longer than you.  He was here when the "reads" for a typical ZH article barely reached double figures.

PeterB's picture

Well said...ZH has definately gone mainstream & is now mainly inhabited by coin shop treasure hunters. I wonder how many have even read one of RT's hilarious daily wrap ups. They were definately worth the visit.

equity_momo's picture

No they weren't , I was here on the old site too and RT has always been just an attention grabbing waste of bytes.
I don't think he's a paid troll though.
If you enjoy hilarious daily write ups then you should lament the fact money mc-bags isn't contributing anymore.

PeterB's picture

Mc-bags was funny probably a bit too unsavoury though anyway I don't know how RT became the whipping boy

Shineola's picture

"Please don't tell my folks that I work for a TBTF bank.  They still think I'm a piano player in a whorehouse"  :)

knukles's picture

I keep getting my buddy Shit confused with you.

Oh regional Indian's picture

HJoly smoke nope... that is a crazy find. Nuts!


TruthInSunshine's picture

I almost forgot; we need to pay tribute to the salt-of-the-earth wisdom of the Irishman whose words never rang more true than now, especially since this is going to spiral out of control (If anyone thinks this can be contained, when PIIGS align, without the EUR being devalued by a minimum of 50% (which begs the question of how bad the economic consequences of 'containment' will be for the global economy), I have a bridge in the Greek Isles - or Montgomery County, Alabama, to sell you):


An Irishman abroad tells it like it is
Hulk's picture

"fuck off" dude deserved that...

Dapper Dan's picture

Fuck off over there means "really?" or "no way" "I don't belive that shit"

Hulk's picture

Thanks for the clarification...

caerus's picture

The force that through the green fuse drives the flower

Drives my green age; that blasts the roots of trees Is my destroyer.

And I am dumb to tell the crooked rose My youth is bent by the same wintry fever.

The force that drives the water through the rocks Drives my red blood; that dries the mouthing streams Turns mine to wax.

And I am dumb to mouth unto my veins How at the mountain spring the same mouth sucks. The hand that whirls the water in the pool Stirs the quicksand; that ropes the blowing wind Hauls my shroud sail.

And I am dumb to tell the hanging man How of my clay is made the hangman's lime.

The lips of time leech to the fountain head; Love drips and gathers, but the fallen blood Shall calm her sores.

And I am dumb to tell a weather's wind How time has ticked a heaven round the stars. And I am dumb to tell the lover's tomb How at my sheet goes the same crooked worm.

the irish are the finest poets...

and yes i know he was welsh...

ItsEvolutionBaby's picture

The SGT BOA troll claim has been throughly debunked. It was a lowly BOA teller trolling him from work one day.

I love how everyone bought straight into it. haha

SGT is a moron. 

whstlblwr's picture

I thought could be some lone troll, but doesn't make sense ip address from different parts of country and why teller use work computer?

tmosley's picture

"SGT is a moron."

Where did we hear that before?

Perhaps you ought to post proof rather than implicating yourself as part of the scam.  And WTF are you talking about tellers for?  He looked at the IP addresses and did an IP lookup.  I used to do that shit in high school.  It isn't hard or magic.

snowball777's picture

Because paid trolls wouldn't use freely available anonymizing proxy tech like Tor or I2P? lulz



CrockettAlmanac.com's picture

And the President of the United States would never employ people who'd get caught in a two-bit burglary at a Washington Hotel.

Don't underestimate the banality of evil.

TruthInSunshine's picture

Outstanding point.

If there's one thing we can all rest assured of, it's that government inevitably is incompetent enough that it ultimately screws itself over.

However, let's not forget that modern governments are no longer instruments by, of and for the people, but rather by, of and for the globalists.

Welcome to the age of global corpocratic kletopcracies.

tmosley's picture

I didn't say that he IS a "paid troll", I said that if he has an argument debunking that guys assertation that seem to be based on cold hard fact (rather than the "word" of some bank teller), that he should post them, rather than making himself appear to be one of the ad hominem using paid trolls that he was originally talking about.

But then, trolls don't care to make such distinctions, and would rather use any argument that SOUNDS good even if it doesn't apply.  Paid or not.

seek's picture

What would be really cool is if a few of the alternative press sites like ZH and SGT pooled their resources, soemthing tells me there'd be a lot of common IPs among naysaying sock puppets, like the one I am replying to above.

Step up your game guys, the lack of subtlety makes you very obvious.

New_Meat's picture

It's just impossible to find a good troll these days. - Ned

Withdrawn Sanction's picture

"...It was a lowly BOA teller trolling him from work one day."

And the teller worked in NJ and CA? Now that's a bi-coastal commute.

Max Hunter's picture

SGT is a moron

I've been watching his videos for quite some time.  Whether you agree with him or not, to call him a moron only confirms you are a troll.  He conducts himself well on his videos and has quality interviews with well named guests..

You are obviously a fucking asshole in addition to being a troll. I wouldn't pay you a cent for your shitty contributions as a troll.. Your employer is getting ripped off..

ItsEvolutionBaby's picture

SGT is a moron because he rides Bob "on the run for securities fraud" Chapman's shaft.

And yes, the BoA troll thing has been debunked. I'm not here to give you all the answers, do your own research.



ItsEvolutionBaby's picture

This herd move from ZH posters is really making me question everything written on this site under the stories.

JimBowie1958's picture


Dude you are a simple-minded trolling waste of my time, and I would guess most of everyone elses.

It is pathetic that you find some kind of purpose in being an ass on message boards with anonymous people.


Withdrawn Sanction's picture

Nice little piece of detective work by SGT. Thanks for the site link

tmosley's picture

Nice find.  I wish Sacriledge would do a similar analysis, and post an article on the issue.

CH1's picture

There is a marketing firm on the outskirts of London who employs a room full of people - working on various accounts - creating nyms on discussion boards and social media, building a history, then shilling (carefully) for a wide variety of products.

You can count on it that banksters and states have lots of people working this angle.

Mr Lennon Hendrix's picture

Yes, the Ministry of Truth.